The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Elroy Jetson who wrote (123353)	5/15/2008 7:03:21 PM
From: Jim McMannis	Read Replies (2) of 306849

Will Bush veto? Senators reach deal on housing rescue news.yahoo.com WASHINGTON (Reuters) - Leaders of the U.S. Senate Banking Committee have reached a deal on a broad housing rescue plan in which Fannie Mae and Freddie Mac would provide funds to support a federal mortgage insurance fund, two industry sources said on Thursday. Committee Chairman Christopher Dodd, a Connecticut Democrat, said an accord had not yet been finalized, but he told reporters after a meeting of the panel, "We're getting pretty close to it ... We're down to a few issues."

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